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Clifford Chance

Clifford Chance


Focus on Hydrogen: Proposed Regulations for Clean Hydrogen Tax Credit – The "Three Pillars"

January 30, 2024

The U.S. Department of the Treasury and the Internal Revenue Service have announced new regulations to implement the clean hydrogen production tax credit envisaged under the Inflation Reduction Act of 2022. This briefing provides an overview of the new regulations, focusing on the most important element – the calculation of lifecycle greenhouse gas emissions.

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